Strong economy predicted

The U.S. economy is expected to stay strong according to a survey of corporate sales executives participating in a recent study commissioned by the Manufacturers’ Agents National Association. In the study, 78 percent said they were “very optimistic” or “somewhat optimistic.” Less than half of manufacturer sales executives expect increased sales to trigger any increase in capital spending. Most reported that they have sufficient capacity to meet increased demand without new buildings or equipment and expect the momentum gained from several consecutive waves of growth to continue through the end of 2018 and into the first half of 2019. Outsourced sales firms echoed those forecasts with 83 percent optimistic about the economy.